Problem Statement

Transaction Speed Woes

The rapid growth of the cryptocurrency ecosystem has ushered in unparalleled opportunities, but it has also revealed a critical bottleneck – the speed of transactions. As users engage with the Ethereum blockchain, they encounter delays and inefficiencies that hinder the seamless flow of value. Current transaction speeds, coupled with network congestion during peak periods, result in frustratingly slow and unpredictable confirmation times.

Impact:

• User Frustration: Slow transaction speeds impede the user experience, leading to frustration and dissatisfaction among participants in the cryptocurrency ecosystem.

• Market Volatility Sensitivity: In a volatile market, delayed transactions can result in missed opportunities and financial losses for traders.